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The General Drive to Compress Time and Reduce Cost

In: The Limits of Business Development and Economic Growth

Author

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  • Mats Larsson

Abstract

Why worry about computerization? Companies have invested in increasingly efficient production technology for a long time and computers have been in existence for more than fifty years, and we have never experienced anything but growth and new opportunities from this development. Even if the previous chapters have provided examples of the current development, we still do not have a complete picture of why this development is different from previous attempts at computerization. I will try to show, sometimes in painstaking detail, what the significant differences are and why we now need to fear recession from a development that has previously contributed to growth.

Suggested Citation

  • Mats Larsson, 2004. "The General Drive to Compress Time and Reduce Cost," Palgrave Macmillan Books, in: The Limits of Business Development and Economic Growth, chapter 12, pages 125-142, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-51143-9_13
    DOI: 10.1057/9780230511439_13
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